Blauvelt, NY Cost of Living

Blauvelt cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

Here we can see a simple outline of the cost of living in Blauvelt, NY. As you can see, with the average cost of living in Blauvelt, NY being 159, that puts it 31% higher than the average of New York and 59% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Blauvelt, NY, the price of goods and services are 12% higher than the average of New York as well as 26% higher than the nation's average.

Did you know?

The cost of living in Blauvelt is 31% higher than the New York average.

The cost of living in Blauvelt is 59% higher than the national average.

The cost of housing in Blauvelt is 147% higher than the national average.

New York general sales tax is 21% lower than the national average.

New York state income tax is 80% higher than the national average.

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Compare Blauvelt, NY Cost of living To Other Cities

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Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

Use the salary calculator to compare your current salary in Blauvelt, NY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Blauvelt, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Blauvelt, NY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$123,633

$10,303

$2,885

$3,709

Renters

$72,857

$6,071

$1,700

$2,186

If you want to find a good determining factor for the cost of living and the general affordability of housing in Blauvelt, NY, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Blauvelt, NY, the median monthly income is $123,633 for those who own their own homes. Under the standard rule, that income level would allow for $2,885 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $72,857, per the median income in the area. That would allow for renters to spend up to $1,700 on monthly rental expenses.

New York Sales Tax

State

General Sales Tax

With Max Surtax

New York

4%

8.875%

New York Income Tax

State

Income Tax (Low)

Income Tax (High)

New York

4%

8.82%

When assessing the complete cost of living in Blauvelt, NY, the New York income tax and the New York sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New York maximum surtax is 8.875%, and the New York sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4% to 8.82% in New York.

Goods & Services

Item

Blauvelt

National avg.

Difference

Haircut

$20.00

$14.59

37.0%

Beauty Salon

$67.50

$34.68

94.6%

Toothpaste

$4.04

$2.47

63.3%

Shampoo

$0.88

$1.02

13.9%

Movie

$14.75

$9.87

49.5%

Bowling

$7.94

$4.39

80.8%

Groceries

Item

Blauvelt

National avg.

Difference

Ground Beef

$3.99

$4.48

10.9%

Fried Chicken

$1.04

$1.46

29.0%

Milk

$2.26

$2.36

4.1%

Potatoes

$3.92

$3.06

28.0%

Pizza

$10.00

$9.24

8.2%

Beer

$9.82

$8.63

13.8%

Health Care

Item

Blauvelt

National avg.

Difference

Optometrist

$111.67

$99.78

11.9%

Doctor

$123.75

$105.03

17.8%

Dentist

$110.00

$88.70

24.0%

Ibuprofen

$10.33

$9.41

9.8%

Lipitor

$299.00

$298.50

0.2%

Housing

Item

Blauvelt

National avg.

Difference

Home Price

$513,300.00

$175,700.00

192.1%

Avg. Mortgage Payment

$2,127.00

$1,081.03

96.8%

Apartment Rent

$1,310.00

$920.00

42.4%

Transportation

Item

Blauvelt

National avg.

Difference

Gasoline

$2.06

$2.09

1.5%

Tire Balancing

$47.99

$45.29

6.0%

Utilities

Item

Blauvelt

National avg.

Difference

All Electricity

$262.56

$170.80

53.7%

Phone

$29.01

$28.26

2.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.